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Shanghai Kangda New Materials Group Co., Ltd is currently in a long term downtrend where the price is trading 14.6% below its 200 day moving average.
From a valuation standpoint, the stock is 55.2% cheaper than other stocks from the Basic Materials sector with a price to sales ratio of 1.8.
Shanghai Kangda New Materials Group Co., Ltd's total revenue rose by 58.3% to $614M since the same quarter in the previous year.
Its net income has dropped by 40.3% to $30M since the same quarter in the previous year.
Finally, its free cash flow fell by 197.5% to $-32M since the same quarter in the previous year.
Based on the above factors, Shanghai Kangda New Materials Group Co., Ltd gets an overall score of 2/5.
| ISIN | CNE100001D13 |
|---|---|
| Exchange | SHE |
| CurrencyCode | CNY |
| Sector | Basic Materials |
| Industry | Specialty Chemicals |
| Beta | 0.89 |
|---|---|
| Target Price | 30 |
| Dividend Yield | 0.8% |
| Market Cap | 3B |
| PE Ratio | None |
Kangda New Materials (Group) Co., Ltd. engages in the research and development, production, and sale of structural adhesives in the People's Republic of China. The company offers modified acrylate adhesive, organic silica gel, epoxy resin, polyurethane, acrylate, SBS, PUR hot melt, water-based, and other adhesive products. Its products are used in wind power generation, soft packaging composite, rail transportation, aerospace, marine engineering, photovoltaic solar energy, rubber and plastic products, construction engineering, household electronic appliances, auto parts, motors, elevators, mining equipment, industrial maintenance, and other fields. The company was formerly known as Shanghai Kangda New Materials Group Co., Ltd. and changed its name to Kangda New Materials (Group) Co., Ltd. in July 2021. Kangda New Materials (Group) Co., Ltd. was founded in 1988 and is based in Shanghai, China.
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